Diversified Trust Co Has $3.79 Million Holdings in Oracle Corporation (NYSE:ORCL)

Diversified Trust Co decreased its stake in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 25.3% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 27,110 shares of the enterprise software provider's stock after selling 9,201 shares during the period. Diversified Trust Co's holdings in Oracle were worth $3,790,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Inlight Wealth Management LLC acquired a new position in Oracle during the 1st quarter worth $28,000. Sunbeam Capital Management LLC acquired a new stake in shares of Oracle in the fourth quarter valued at about $30,000. Hurley Capital LLC bought a new position in shares of Oracle in the fourth quarter worth about $33,000. Synergy Investment Management LLC bought a new position in shares of Oracle in the fourth quarter worth about $34,000. Finally, Mpwm Advisory Solutions LLC acquired a new position in shares of Oracle during the 4th quarter worth about $36,000. 42.44% of the stock is owned by institutional investors.

Insider Transactions at Oracle

In other Oracle news, Vice Chairman Jeffrey Henley sold 400,000 shares of the business's stock in a transaction on Thursday, June 12th. The stock was sold at an average price of $190.42, for a total value of $76,168,000.00. Following the transaction, the insider now owns 1,097,576 shares of the company's stock, valued at approximately $209,000,421.92. The trade was a 26.71% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Naomi O. Seligman sold 2,000 shares of the firm's stock in a transaction on Wednesday, April 2nd. The shares were sold at an average price of $145.81, for a total value of $291,620.00. Following the completion of the sale, the director now owns 34,630 shares of the company's stock, valued at approximately $5,049,400.30. This trade represents a 5.46% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 442,366 shares of company stock valued at $83,395,223. Corporate insiders own 42.20% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have issued reports on ORCL shares. Barclays reaffirmed an "overweight" rating and issued a $221.00 target price (up previously from $202.00) on shares of Oracle in a report on Friday, June 13th. Mizuho reduced their price objective on Oracle from $210.00 to $180.00 and set an "outperform" rating for the company in a research report on Tuesday, April 15th. Oppenheimer reaffirmed an "outperform" rating on shares of Oracle in a research report on Wednesday, June 18th. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and set a $240.00 target price (up from $200.00) on shares of Oracle in a research note on Thursday, June 12th. Finally, Westpark Capital raised their price target on shares of Oracle from $195.00 to $246.00 and gave the stock a "buy" rating in a research report on Thursday, June 12th. Eleven analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $197.67.

Oracle Price Performance

Oracle stock opened at $213.28 on Friday. The business has a 50 day simple moving average of $166.79 and a 200 day simple moving average of $162.13. The company has a debt-to-equity ratio of 4.07, a current ratio of 0.75 and a quick ratio of 0.75. The company has a market capitalization of $599.07 billion, a PE ratio of 49.14, a price-to-earnings-growth ratio of 3.16 and a beta of 1.32. Oracle Corporation has a one year low of $118.86 and a one year high of $216.93.

Oracle (NYSE:ORCL - Get Free Report) last issued its earnings results on Wednesday, June 11th. The enterprise software provider reported $1.70 EPS for the quarter, beating the consensus estimate of $1.64 by $0.06. Oracle had a net margin of 21.68% and a return on equity of 87.34%. The company had revenue of $15.90 billion for the quarter, compared to the consensus estimate of $15.58 billion. During the same quarter in the previous year, the company earned $1.63 EPS. The firm's revenue for the quarter was up 11.3% compared to the same quarter last year. On average, sell-side analysts forecast that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 24th. Shareholders of record on Thursday, July 10th will be paid a dividend of $0.50 per share. The ex-dividend date is Thursday, July 10th. This represents a $2.00 annualized dividend and a yield of 0.94%. Oracle's dividend payout ratio is 46.08%.

Oracle Profile

Oracle Corporation offers products and services that address enterprise information technology environments worldwide. Its Oracle cloud software as a service offering include various cloud software applications, including Oracle Fusion cloud enterprise resource planning (ERP), Oracle Fusion cloud enterprise performance management, Oracle Fusion cloud supply chain and manufacturing management, Oracle Fusion cloud human capital management, Oracle Cerner healthcare, Oracle Advertising, and NetSuite applications suite, as well as Oracle Fusion Sales, Service, and Marketing.

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